IFSC Code, MICR Codes for AXIS BANK in ANDHRA PRADESH - MEDAK - MEDAK - PATANCHERU

AXIS BANK RTGS HO Branch in MEDAK - Address, IFSC, MICR Code


IFSC Code

UTIB0000687

MICR Code

500211017

Branch

PATANCHERU

Contact

0

Address

D.NO.9-131 TO133 OLD NO. 1-26/1 N.H.9 PATANCHERU 502 319 DIST. MEDAK ANDHRA PRADESH

City

MEDAK

District

MEDAK

State

ANDHRA PRADESH





What is IFSC Code of AXIS BANK situated at PATANCHERU- RTGS-HO?
IFSC Code of AXIS BANK situated at PATANCHERU - RTGS-HO is

UTIB0000687

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.